Average Compliance Officers Salary in El Paso, TX
Compliance Officers in El Paso, TX earn an average annual salary of $75,710. This figure is notably below the national average of $85,520, suggesting that local market dynamics and potentially a different industry focus in El Paso influence compensation for this critical role.
Executive Summary
- Average Salary: $75,710 per year.
- Growth Trend: Salaries have shifted 4.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $110,040.
- Outlook: The El Paso market for Compliance Officers is robust, evidenced by a substantial local workforce of 2,620 professionals. The high Location Quotient of 3.05 indicates a significantly higher concentration of these roles in El Paso compared to the national average, pointing to strong local demand and a well-established presence of compliance expertise.
Salary Overview
The average Compliance Officers in El Paso, TX earns-11.5%below the national average.
$36.4
$1,456
$6,309
Compliance Officers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Compliance Officers in El Paso have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is typically driven by increasing regulatory complexity, evolving industry standards, and a growing recognition of the value compliance professionals bring to organizations.
Compliance Officers Salary Distribution in El Paso, TX
Career progression for Compliance Officers in El Paso significantly impacts earning potential. Entry-level positions might start closer to the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized knowledge can command salaries well above the average. The percentile gaps in salary distribution clearly signify opportunities for substantial career and financial advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,560 | $19 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,783 | $27.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,550 | $34.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,638 | $45.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $110,040 | $52.9 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$75,710
Gross Pay
Real Wage (Purchasing Power)
$75,710
Adjusted for COL (100)
An average annual salary of $75,710 in El Paso, TX, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Compliance Officer's salary in El Paso is equivalent to the national standard, offering a stable financial standing relative to the rest of the country.
Job Market Context
2,620
Total Jobs
7.878
Per 1K Jobs
3.05
Location Quotient
El Paso, TX has 3.0x the national concentration of Compliance Officers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
El Paso's Location Quotient of 3.05 for Compliance Officers is exceptionally high, signaling a market where these professionals are in greater demand relative to their national prevalence. This concentration suggests a specialized industry cluster or a strong need for compliance functions within the local economy, making it a potentially advantageous location for those in the field.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Las Cruces, NM Compliance Officers Salary | $77,290↑ 2% | 39 mi |
Comparing salaries near El Paso, TX
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in El Paso, TX?
The median annual salary for a Compliance Officers in El Paso, TX is $75,710. This typically ranges from $39,560 for entry-level positions to $110,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in El Paso, TX is 11.5% lower than the national median of $85,520.
Is El Paso, TX a lucrative place for Compliance Officers?
No, not more lucrative than the national average.While El Paso has a strong concentration of Compliance Officers (LQ of 3.05), the average salary of $75,710 is below the national average of $85,520. However, the cost of living is also at the national average, meaning the salary's purchasing power is equivalent.
Is El Paso, TX a good place to live for Compliance Officers?
The Cost of Living Index in El Paso, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near El Paso, TX?
Some top paying nearby cities include Las Cruces, NM ($77,290) and others.
How does El Paso's Compliance Officer salary compare to the national average?
The average annual salary for Compliance Officers in El Paso, TX is $75,710, which is lower than the national average of $85,520.
What is the concentration of Compliance Officers in El Paso, TX?
El Paso has a high concentration of Compliance Officers, indicated by a Location Quotient of 3.05, meaning there are over three times the national average of these professionals per worker.
How does the cost of living in El Paso affect the salary?
The cost of living in El Paso is exactly at the national average (100). Therefore, the nominal salary of $75,710 has the same purchasing power as the national average salary.
What does the job market look like for Compliance Officers in El Paso?
The job market appears robust, with a significant local workforce of 2,620 and a high concentration (LQ 3.05), suggesting strong local demand and a well-established presence for compliance roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,620 employees in the El Paso, TX area with a job density of 7.878 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in El Paso, TX